thank you. >> you can eat fruit. >> especially kiwi. youan have a kiwi.are g- >> unintended consequences have turned up. sfwroo cell phones have made people flakey as [ bleep ]. >> find out a few if you fall into a flakey category. >> this is like -- >> yeah. >>> back in the day when you are trying to make plans, and it was like pretty much impossible. cell phones came around, and suddenly it's so easy to make plans. the thing is there's an unintended consequence as it turns up, and these guys have made an absolutely amading voted. >> it's become increasingly difficult to make plans and keep them. >> everybody is, like, yeah, yeah, yeah, and then you do is follow it up with a reconfirmation where you go, everybody still up? that's when they really figure out pretty much there's three dis ikt people you're dealing with. first we have the latecomers. those that despite the remedial time management skills. second, we have the no shows. those will bail at the last minute. third we have the optimizers. these guys are reluctant to commit baez they're still eval

that immediately drove the kiwi dollar lower.u are looking at relative value, you are seeing the aussie dollar fall as a function of that drop in the kiwi dollar. $.87. as i mentioned, kiwi is going the other way. mixture, obviously. the aussie dollar, another one i want to mention is the kiwi singaporean dollar cross. we have seen the kiwi dollar trade below singapore. 98.62. go to are looking to singapore, maybe a good time to hedge those travel costs. back to you. >> thanks, david. let's look at the other corporate stories we are following this morning. sachs is said to have barred investment bankers from trading individual stocks and bonds to avoid a conflict of interest. staff have been told they are not allowed to invest in hedge funds. the policy changes meant to reduce potential conflicts with clients. alibaba's venture into latin america has seen it become the third most popular website in brazil. the portuguese version of a;o express attracted three times as many as ebay. told investorsa that brazil will be a linchpin f

spent hours peeling kiwis. >> and peeling that hairy skin is not fun.imes you give up and eat the hair despite how uncomfortable it is. >> no, that's just you. >> do you have four stomachs like a cow? how do you do that? >> i'm mexican. >> girls on a street approached by a stranger who says -- >> i've been sleeping with your boyfriend. >> what? >> what do you do >> the kids' happier now. ♪ >>> you don't sleep with another girl's man. >> so true. >> uh-huh, that's true. >> i've been sleeping with your boyfriend. >> what? >> some girl walks to you in the middle of the street, and says she's been sleeping with your boyfriend, what do you do? >> what? >> i've been sleeping with your boyfriend. >> this video, obviously, a prank from the whatever channel, but this chick does this -- just watch reactions of the girls. >> i've been sleeping with your boyfriend. >> okay? >> thought you should know. >> at first, the girls are, you know, shocked. the girls are, like, okay. and then this girl here doesn't seem to -- >> i'm sorry, i've been hooking up with your boyf

check out to the kiwi. the kiwi getting absolutely hammered all morning.entral bank releases the data and the central-bank sold a net 520 million new zealand dollars in the month of august. thomas system -- the most since 2007. will they do more? we are $.77 right now. prime minister keith has a little bit of weight behind him. the global head of an x next house. if you look at equity markets, across of the board for some ftse not to recover the losses from last week. they are down. the stock is getting crushed. over 20%. the biggest loss since 1998. absolutely slant. concerns and problems with management. who will be the next ceo? we do not know. hopefully we will find out. that is it for "on the move." i am on twitter. is the next. stay with us. ♪ >> shot down. hong kong financial district is a closed for the biggest police crackdown since the city returned to chinese world. takes a beating. shares tumbling into europe's a big as a builder. another profit warning. plus, a bloomberg exclusive with the most powerful man in rushes oil industry. we speak to

that pushed down the kiwi.rime minister coming out and saying the goldilocks level for this one is 65 cents, 77 cents now. why does it matter when a politician speaks? usually we do not pay much weight when they speak about the fx market. when that man was the global head of fx, he has more gravi tas. turkeyin greece and higher. in spain, up 5 basis points. referendument november 9. it is not sanctioned by the government. some big things for spanish assets. >> thank you very much indeed. 25 minutes into "surveillance" in new york. what's on the agenda? >> a lot going on. protests in hong kong. i loved jonathan ferro's discussion of the new zealand kiwi. this morning against the australian dollar. we stay in asia and go to hong kong. our correspondents will join us with the store protests. president of the council on foreign relations, will join us. we could spend the entire "surveillance" on syria. we scan the world. mr. modi traveling to the white house today. joining us, executive manual -- emanuel, one of th

kiwi in new zealand, that tracks the aussie.ng at the chart, that range again, you can see there it is. that is the driving force, if you like, with the currency's. -- currencies. the australian benchmark. you can see from this, there is only one area, and that is the mining stocks. there it is. they are sensitive to news out of china. and the composite, where is that? there it is. it comes up with the china composite right about now. there it is. a mixed picture. havehen, of course, you got oil and gas, but overall, australia feeling the brunt a lot more than china itself. >> right, and there is the challenge of cleaning up china with their push out of coal and into more renewable energy, and 2020 is the date. what is the significance of that? >> it is pretty significant. right now.art is they are discussing what will happen between 2016 and 2020. last year, two years into the plan, they were still making targets. xi jinping and the government and all of the rest are taking this very, very seriously. >> years ago, no one was ad

foster scored 40 yd run the ad a hundred and 38 yds on the ground their car was picked off twice kiwi's down the field 65 yds and was then 17 nothing it was not the raiders day and you knew that after two fumbles towards the beginning of the game the raiders had for turnovers ended up zero hundred and 88 rushing yards posy batting 488 this month the story it was kerr's shot strikes out sender ball the game-winning home run the from that curt's jaw and the dodgers win 42 the giants fall 3 back from the dodgers but i have three left with the dodgers jon lester gets busy strikes out one of the curve ball is 24th home run he didn't hit a home run in 29 games they went for nothing there tie it for the first wild- card spot will see later everybody the blue moon diamond was just on earth we have miss america from your hurricane coming in to cobble it's one of the strongest hurricanes on record for that area here in the bay area will stay pretty quiet tempters will be a little cooler it expects the inlan >>> the weekend insider with the top trending stories. cloony's wedding secrets is part of

the kiwi trading up .4%, moves in the yen also against the dollar. a little bit of movement in the fx markets in terms of stocks. let's dig in deeper, what stocks are on the move. tnt express down almost 9%. profit warnings cut. tnt wanted to purchase express deliveries, ups did, and they gave us a profit warning. competitive pressures are building. deterioration, a provision for the third quarter, off almost 9%. rbs off by half a percent. initial share sales set to be the biggest since goldman sachs in 1999. i cannot get it for the price they marketed it at. $23.50. to accept .hey are selling a stake air france rising amid all this confusion, john. the government saying one thing, the company saying the other. the company is saying, no, it's premature to say we are backing away from that discount unit, trend savior, while the transport commissioner has said we can put it into that project and we will have to dig deeper to find out what is happening in air france. the stock is rising on the back of it. >> what is going on with air france? 1.6%, prett

voters drove the kiwi pound trade below 50 pence.otland staying in the u.k.. vote, many scots have registered for this. they are so close to breaking that 90 barrier, so keep your eye on that. this in reaction to the chinese data over the weekend, and we have the kiwi as well, reacting. kiwi, aussie. 81 .33.ction, sydney could become the next overseas trading hub by the end of next year. us westpac had also told that global markets could be headed for a significant correction. >> both governments are talking really constructively. i think there is good well and good intent to try and make sydney the next tab. -- next hub. it would be great for our customers, they could do a whole lot of things about having to go through people. it is much more effective in a sympathize the whole process. we are committed, assuming it will be announced, we did it will happen this coming year. -- we hope it will happen this coming year. >> how does this go along with a free-trade agreement? they wanted done by june, that is a political thing. yesterday

the aussie and kiwi reacting to this week in maine data from china.alaysia, little bit lower this morning. off their highs. australia is really feeling the brunt today. can see from this -- look at that -- significant declines. as soon as the market opened, down it went. look at that. that was the opening price, significantly lower. that shows you the concern. clearly financials, miners, all of these look for china for their direction. today being hit pretty hard. >> we are going to look at sinopec. it is selling about one third of its fuel station business. they're among 25 investors paying $17.5 billion. the deal is coming amid a push by beijing to restructure the company and really open them up to greater market forces. look at hsbc. things will get underway in hong kong about 22 minutes away. pay $550agreed to million to settle mortgage claims in the u.s. much lower than those levied on jpmorgan, bank of america, for goldman sachs. gopro may have some competition from asia. according to a person familiar with the plan, htc is developing its first

kiwi doing over there? was the pre-game. kiwi doing the him if hawk i.james was mesmerized by guy stick the tongue out. he's shooting jump percent. 12 points. james harden l breast. they are. thompson fell off the bench quarter jumper. usa struggle with the 3 point shoot something far but here's the best player in the tournament. anthony davis playing out of his mind. 21 points. team usa 3 and o in group play as they role. 98-71. 7 sports brought to you by toyota. fight i get pumped up. >> i can do speed limit of it. >> we look forward it. >> videotape it. >> be grit on the web site. >> oh, yes. web almanacs. >> thanks larry. >> thanks for joining us. >> for all of us here at abc 7 news at 9:00 thanks so much for watching. >> news continues on line twitter facebook and all mobile device with the new news app see you again in an hour on the device with the new news app see you again in an hour on the big kition. so on [jazz music playing peakers] remember, you guys can have dip, too. and don't be afraid to play with the [spookily] rubber spider!

time we are seeing the kiwi dollar since about this time last year. we all know the central bank has been trying to hawk down the currency. ll 521 million kiwi dollars in august to alleviate pressure on the currency. how much is 520 million? that is the most since 2007. -- he iscoming out of basically saying the exchange rate is too high. it is swollen on occasion but it has picked back up right after that. it is expanding its tech line. let me show you the one-year chart. in august, that is when they sold. this is the difference between when they did it and now, how much they actually sold. that is pushing the currency down. this is that decline that we have seen since the summer. this point. we are down 6% from this time last year. that goes all the way back. we will see if the losses hold. from experience, when they talk the currency down, it comes down and fix backup. back to you. cracks thank you very much, david. , the slowdown in china. what are the implications for the commodities markets? the executive of rio tinto coming up next. ♪ " lives i

top 50.zealand the kiwis are lower. what are we watching? perhaps the follow-on effect we are seeing across the equity space. als, that is a diversified commercial services, they are down. they are saying that they will make less money than they expected. they slashed their first-half profit forecast by $10 million australian. bhp, iron ore prices. dropping the most since mid-june. we are now at about $81 per metric ton, that is the lowest in the five or six years. it increases the pressure is on the big iron ore players. you want to watch for the smaller players. japan, a company that makes air-conditioners and parts for cars. it doubled its first-half net income forecast. core business, 80% is the target the for operating profit. we are washing yahoo! japan and softbank. alibaba one of the biggest stories, 38% pop on friday. softbank is the biggest shareholder thereof ali baba. 75 billion u.s. dollars is how much their stake is worth. for $.6ooking at billion -- $4.6 billion. be revising back, once we know how much they are booking from th

the kiwi factoring in.f may soon find thanks to growing expectations that the fed will raise rates and to the plunging price of iron ore. it has slumped 34% due to weaker chinese demand. deepening divergence between a strong aussie and the sliding price of the country's exports. resources and the aussie going in the opposite direction. the overnight swap contract. they're pricing in a greater chance that the fed will raise rates next year. that is the red line. commodity price index going down. both forces may help weaken the aussie and that could alleviate the pressure on what to do with rates -- at least in the short term. subjects andange look at some of the corporate stories. >> it is never too late for a change of career. especially if the boss makes it happen. the plan is to encourage equity research analyst to become investment bankers. they focus on investment making fees. ash investment banking fees. italy had is refusing -- iliad is refusing to give up on t-mobile. last month, softbank controlled

the world is waiting for that had to stop kiwi and raise interest rates. in a good happen. we will figure out what the excuse is going to be that they're not going to do it. because they can't. meanwhile janet yellen says higher inflation is just noise. it's going to get a lot noisier. numbers the numbers are going to go higher so the fed, that box is going to be exposed and the world is going to figure it out. meanwhile we are hastening our own demise by sa said finding all these foreign banks spying on our allies. we are kissing off the people we knew to be up to. but we don't even realize how arrogant the country is. what do you have to do about it? the dollar is going to go down then you need to get off the ship. and don't be lulled into a false sense, well i can just buy the u.s. stock market. the u.s. stock market went up. the last couple of years based on the idea that what the fed didn't work but that's wrong, good work. the only people as i work for the people that didn't understand the disease in the first place. all the people that didn't know the financial crisi

kiwi team. to say our guys were baffled is an understatement. ♪ [ breathing deeply ] [ inhales deeply ] [ sighs ] [ inhales ] [ male announcer ] at cvs health, we took a deep breath... [ inhales, exhales ] [ male announcer ] and made the decision to quit selling cigarettes in our cvs pharmacies. now we invite smokers to quit, too, with our comprehensive program. we just want to help everyone, everywhere, breathe a little easier. introducing cvs health. because health is everything. melissa: shares of apple seeing the steepest drop since january after a string of record highs in the lead up to a huge event happening next week. let's go to nicole petroleum on floor of new york stock exchange, with more on this one -- nicole petallides. >> everyone is waiting for iphone 6. september 9th is the day. we're waiting for that. apple moved to record all-time highs. two for one split. crossed above $103 this week. 3 1/2% to the downside. biggest selloff since january. january it was down about 8%. we're t

the kiwi dollar is off by point ,1%,er -- .e are counting down to the open in japan and australia. [indiscernible] and trading at 104.32. most of the currency was up. national holiday in vietnam so no trading there. -- security standards are in under intense security. investigators are trying to find out who talk to the celebrities and the states and the u.k.. a developing story. goes a lot deeper. >> as for hollywood, these images began surfacing on sunday. actress jennifer lawrence, the three-time oscar nominee, nude photos of her allegedly posted to an online sharing site according to the daily telegraph and others and as many as 100 celebrities from the u.s. and the u.k. hacked by hackers according to those familiar and those photos may have been taken from the apple icloud site. the site that many of us used upload mail, contacts, photos to ask us when we are out on the road. no one thinks when you upload photos that they will end up in the public realm. these are private images. lawrence threw her representatives freely s

mentioned the kiwi/dollar. there we go. a little bit of agains. -- gains.e euro/sterling cross. a two or three week low. coming off of the scottish vote. the stories driving in europe markets this morning. >> thank you, david. the dubious milestone for pollution. we will be in beijing for the latest when "first up" returns. ♪ in hong kong and the hong kong federation of students institutions leading a weeklong boycott of classes at that begins today. to try to press for universal suffrage here in hong kong for greater democracy. hour from trading a you are watching "first up." ♪ alibaba's greatest investor. thanmeeting even more europe, china jumps to the top of new pollution data. could virtual reality provide the answer for sony's struggles? that is coming up. good morning to you. markets trading and the asian pacific. this what it looks like. a bit of a selloff in south korea and australia as well. new zealand surging. the nationalfter 48% of the vote over the weekend. it is going to be the first single party majority in new zealand a since 1990 six. let

still to come, no kiwi in europe are now. we look at the challenges facing worldwide investments. ♪ >> time for today's company news. selling itswill be galaxy phone in china. the phone will be sold. this gives them a head start on that apple iphone 6 that is still waiting for the governor's approval. an update for the iphone operating system after the new software caused calls to drop. some customers reported the fingerprint touch id feature was s8so faulty after the io update. and google's air schmidt has been talking about apple. they say the company rivalry benefits mobile consumers. this brutalay competition between apple and google over android and ios has enormous benefits for consumers worldwide. , that look at innovation competition which i think is the defining side benefits billions of people. >> let's talk about the european economy. ministeran prime underlines the need for growth over austerity in europe and told us that. creation was key to improving his country's economy. way.mpromise is not the in this case, w

sxt aussie/dollar, keep in mind that the central bank dmrfr in new zealand has been talking down the kiwiar today. well will. >> carolyn, that you can very much. >>> apple has been forced to withdraw its update of the cellular service. disgruntled iphone users to took to twitter to complain about the problem. the fingerprint feature was not working after the update. schayes in the tech giant ended the session just 1% down. a big issue for apple. is it the operating system that's the big issue or the hardware? >> i would have to say it's the hardware. if you buy a smartphone from apple, you are buying into the ecosystem, into the aesthetically appealing device. i think if it bends, you're going to think twice about buying one. >> absolutely. head to our own website for our own take on bend gate. >> gopro stock is at a new all-time high making it the best performing ipo in 2014. that according to did i alogic, surging about 8% yesterday on rumors gopro will be releasing a new camera sometime in october. this amounts to nearly $10 billion and the stock is up almost 150% since its debut on ju